the company is not really experiencing problems with production and head grades
the 'problem' is Way Linggo can only be mined at a certain rate and KRM cannot meet their targeted production until Talang Santo comes on line
if we examine the table in yesterday's quarterly report, we see the metal produced in the previous two quarters was due to having stockpiles to process
the stockpiles are now depleted and, as mentioned, Way Linggo can only be mined at a certain rate
the table shows:
Q1: 21,775t mined & 30,779t processed
Q2: 17,150t mined & 29,860 processed
Q3: 20,309t mined & 20,380t processed
in fact, the 'recovery' of metal from ore was greater in the last quarter than in the previous two quarters
regards
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- ouch
the company is not really experiencing problems with production...
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Mkt cap ! $26.37M |
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